2
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$5,500,000
Est. payment /mo
16 Acres Lot
Active Under Contract
7501 Old Statesville RD Charlotte, NC 28269
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UPDATED:
10/23/2024 02:36 PM
Key Details
Property Type Vacant Land
Sub Type Lot
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 4028607
Lot Size 16.000 Acres
Acres 16.0
Property Description
PRIME LOCATION FOR NEW DEVELOPMENT ON 16.89+/- ACRES WITH OVER 740 FEET OF ROAD FRONTAGE on Old Statesville Road (HWY 115) just south of W T Harris. This site is being sold together with the adjoining properties at 7535 Old Statesville Rd and 5701 Ratcliffe Lane Properties have split zoning; CG and MHP per new UDO. Sellers anticipate developer rezoning and clearing the property. Future City of Charlotte 2040 Area Plan envisions Neighborhood 1 allowing for duplex, triplexes, or quadraplexes. Neighborhood 1 had 3 classifications A, B or C that specify minimum SF area per building unit, setbacks, etc. PROPOSED: RED LINE commuter rail and Community Activity Center with retail, dining and entertainment across Old Statesville Road. Existing mobile home leases will be terminated 30 days prior to closing. Buyer must handle any evictions, trailer abandonment, demolition and removal of remaining personal property. Mobile homes date back to 1958; there are approximately 56 units.
Location
State NC
County Mecklenburg
Zoning CG MHP
Exterior
Utilities Available Cable Available, Gas
Building
Sewer Public Sewer
Water City
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Senior Community false
Restrictions No Representation
Acceptable Financing Cash, Construction Perm Loan, Nonconforming Loan
Listing Terms Cash, Construction Perm Loan, Nonconforming Loan
Special Listing Condition None
© 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Gretel Howell • Allen Tate Lake Norman • gretel.howell@allentate.com
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